In Colorado alone, $127.7 million worth of flower, edibles and concentrates have been purchased in the month of May. May’s benchmark, has shown a level of consistency in the marijuana market in Colorado. May marked the 12th consecutive month that Colorado’s marijuana sales have topped $100 million.
The industry’s 2017 cumulative sales through five months neared $620 million, generating $96 million in state revenue from taxes and fees.
“I think that $100 million a month (in sales) are the new norm,” said Bethany Gomez, director of research for Brightfield Group, a market research firm focused on the cannabis industry.
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h/t: The Cannabist